After a pandemic-induced dip in freight volumes, freight is expected to grow by 7.4% this year.
While the COVID-19 pandemic has affected fleets both big and small, larger carriers seem to be seeing their volumes increase slightly higher, according to research from FourKites.
The national average spot van rate hit its highest level since last January and load-to-truck ratios for all three equipment types surged during the week ending Dec. 8, according to DAT Solutions.
Spot market rates for dry van and refrigerated shipments in June were the highest since January as capacity tightened due to the Roadcheck inspection blitz and increased demand.
The DAT Freight Index for September shows that despite a slight slump in activity, rates remain high for most trucking segments.
Intermodal freight volumes posted a strong fourth quarter that saw a growth rate of 5.8% year over year, according to an Intermodal Association of North America report.
Freight shipments and expenditures edged up in June after three months of lackluster performance, hitting their highest levels of the year, according to the Cass Freight Index – but it remains unclear if this is part of a larger trend.
Cargo volumes at the Port of New York and New Jersey hit a record pace during the first six months of 2015.
North American freight volume and expenditures rose again in March as shipments picked up significantly from the West Coast ports, according to the latest readings of the Cass Freight Index.
Freight volume fell 37% year-over-year in February and spot-market freight availability declined for the second consecutive month in February, according to DAT -- so why did rates rise compared to last year?
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